Valmark Advisers Inc. Acquires 97,859 Shares of iShares Ultra Short-Term Bond Active ETF $ICSH

Valmark Advisers Inc. bought a new stake in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) in the third quarter, HoldingsChannel reports. The institutional investor bought 97,859 shares of the company’s stock, valued at approximately $4,932,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Foster Group Inc. increased its stake in shares of iShares Ultra Short-Term Bond Active ETF by 4.7% during the 3rd quarter. Foster Group Inc. now owns 1,236,608 shares of the company’s stock worth $62,325,000 after purchasing an additional 55,012 shares in the last quarter. Capital Advantage Inc. increased its position in iShares Ultra Short-Term Bond Active ETF by 1.5% during the second quarter. Capital Advantage Inc. now owns 742,780 shares of the company’s stock worth $37,570,000 after buying an additional 10,927 shares in the last quarter. Steele Capital Management Inc. increased its position in iShares Ultra Short-Term Bond Active ETF by 3.5% during the third quarter. Steele Capital Management Inc. now owns 574,221 shares of the company’s stock worth $28,941,000 after buying an additional 19,162 shares in the last quarter. Cetera Investment Advisers increased its position in iShares Ultra Short-Term Bond Active ETF by 1.3% during the first quarter. Cetera Investment Advisers now owns 494,588 shares of the company’s stock worth $25,036,000 after buying an additional 6,313 shares in the last quarter. Finally, Elwood & Goetz Wealth Advisory Group LLC raised its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 5.0% in the third quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 454,587 shares of the company’s stock worth $22,911,000 after acquiring an additional 21,681 shares during the last quarter.

iShares Ultra Short-Term Bond Active ETF Trading Up 0.1%

iShares Ultra Short-Term Bond Active ETF stock traded up $0.03 during midday trading on Friday, reaching $50.33. 2,351,045 shares of the company were exchanged, compared to its average volume of 1,681,004. The firm’s 50-day simple moving average is $50.36 and its 200-day simple moving average is $50.50. iShares Ultra Short-Term Bond Active ETF has a 1 year low of $50.23 and a 1 year high of $50.75.

iShares Ultra Short-Term Bond Active ETF Company Profile

The iShares Ultra Short-Term Bond ETF (ICSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in broad market, investment-grade bonds with ultra-short-term maturity. ICSH was launched on Dec 11, 2013 and is managed by BlackRock.